C1 Fund, a company founded by former Coinbase legal professionals and investors, plans to invest in crypto companies in Australia. Focusing on companies valued at least $300 million in the last financing round, C1 aims to provide funding of $20 to $50 million.🚀

C1 approached crypto companies like Animoca Brands and Chainalysis, offering to buy private shares from investors at a discounted rate of up to 50% to 80% of their last valuation.😮

However, a cautious attitude towards the crypto sector remains in Australia, with limited interest among local investors to exit such investments.